SB Financial Group, Inc. (NASDAQ:SBFG - Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.49 and traded as low as $17.98. SB Financial Group shares last traded at $18.05, with a volume of 17,583 shares.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded SB Financial Group from a "hold" rating to a "buy" rating in a research report on Monday, May 5th.
Check Out Our Latest Stock Analysis on SBFG
SB Financial Group Stock Down 1.7%
The company has a debt-to-equity ratio of 0.41, a current ratio of 0.92 and a quick ratio of 0.91. The company has a market capitalization of $117.88 million, a P/E ratio of 10.49 and a beta of 0.27. The stock has a 50-day moving average price of $19.05 and a 200-day moving average price of $20.49.
SB Financial Group (NASDAQ:SBFG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. SB Financial Group had a return on equity of 8.98% and a net margin of 14.10%. The company had revenue of $15.39 million during the quarter, compared to the consensus estimate of $11.30 million. On average, research analysts predict that SB Financial Group, Inc. will post 2 EPS for the current fiscal year.
SB Financial Group Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, May 16th. This represents a $0.60 annualized dividend and a yield of 3.32%. This is a boost from SB Financial Group's previous quarterly dividend of $0.15. SB Financial Group's dividend payout ratio (DPR) is currently 35.29%.
Institutional Investors Weigh In On SB Financial Group
Several large investors have recently added to or reduced their stakes in SBFG. Empowered Funds LLC grew its stake in SB Financial Group by 5.0% during the fourth quarter. Empowered Funds LLC now owns 39,637 shares of the financial services provider's stock worth $829,000 after purchasing an additional 1,875 shares during the period. PL Capital Advisors LLC grew its stake in SB Financial Group by 1,991.0% during the fourth quarter. PL Capital Advisors LLC now owns 588,805 shares of the financial services provider's stock worth $12,312,000 after purchasing an additional 560,646 shares during the period. Jones Financial Companies Lllp acquired a new stake in SB Financial Group during the fourth quarter worth approximately $62,000. O Shaughnessy Asset Management LLC grew its stake in SB Financial Group by 189.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 34,114 shares of the financial services provider's stock worth $713,000 after purchasing an additional 22,321 shares during the period. Finally, Geode Capital Management LLC grew its stake in SB Financial Group by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 71,749 shares of the financial services provider's stock worth $1,501,000 after purchasing an additional 673 shares during the period. Institutional investors and hedge funds own 66.67% of the company's stock.
SB Financial Group Company Profile
(
Get Free Report)
SB Financial Group, Inc operates as the financial holding company for the State Bank and Trust Company that provides a range of commercial banking and wealth management services to individual and corporate customers primarily in Ohio, Indiana, and Michigan. It offers checking, savings, money market accounts, as well as time certificates of deposit; and commercial, consumer, agricultural, and residential mortgage loans.
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